Investment Property? WesLend Portfolio Investor Program Fund your deal using only the cash flow of the subject property (DCR – 1.0) No income/No Employment verification. Interest Only – available
Conforming Loan Limits Increase for 2018:
Effective immediately: WesLend will begin accepting Best Efforts Locks and Loan Submissions on Conventional Loans using the 2018 Conventional Conforming loan limits.
New Program: WesLend Jumbo Lenox/WesLend is excited to offer our New WesLend Jumbo program. This program will give our broker partners yet another jumbo/non-conforming program option. Some highlights include: 90% LTV/CLTV for purchases $2.5 million max loan amount available Up to $500,000 cash out amount Texas 50(a)(6) transactions – Allowed Up to $250,000 cash out limit HomeReady and Home Possible Lenox/WesLend is pleased to…
Conventional Conforming Fixed DU, Florida Condominiums, Lender Paid Mortgage Insurance – LPMI and more…
In an effect to provide accurate information to the borrower at the time of Lender’s initial disclosure, WesLend is making a few changes to our pre-lock submission policy.
All Conforming Programs Due to increased compliance issues with smaller loan amounts, all conforming products, conventional and government, except for the HECM …USDA-Guaranteed Rural Housing Progam
WesLend Financial’s Home Possible Advantage plus allows for up to 2% grant money from WesLend Financial
Please be advised that the following forms have been updated:
Lenox/WesLend is pleased to announce the addition of “Home Possible Advantage Plus” to our program offering. This is an extension of the Home Possible Advantage program, offering either a 1% or 2% grant towards the borrower’s overall down payment.